Market Newsdesk

London, Nov. 12, 2020 (GLOBE NEWSWIRE) — Sarah Dunn, an experienced international development leader, is joining Abt Associates as Managing Director of Abt Britain. 

 

Dunn spent nearly two decades as a senior executive with the Department for International Development (now Foreign, Commonwealth & Development Office), where her final role in 2014 was country director for DFID Southern Africa/South Africa. While at DFID, she worked across Africa, the Middle East, and Caribbean and held several other executive and strategic advisory positions.

 

Her public sector experience is complemented by a track record in market competitive and commercial settings, leading on strategy and partnership development for the Children’s Investment Fund Foundation (CIFF), as well as co-starting and raising 116M GBP ($150M USD) in funding as the head of Partnerships and Brands for The Power of Nutrition.

 

“Sarah brings extensive relationships and broad technical knowledge of Abt Associates’ international priorities from her time at DFID,” said company President and CEO Kathleen Flanagan. “As a leader, she is recognised for her values-driven, inclusive, and supportive style. She has a deep understanding of our markets and a focus on results that energizes people around her.”

 

Dunn holds a BA, Psychology from Brunel University in the UK and an MBA from BI Norwegian Business School in Norway

 

“We are delighted to welcome Sarah to Abt and look forward to introducing her to our global team when she starts on Monday, 30 November,” said Flanagan.

 

###

 

About Abt Associates

Abt Associates is a global consulting and research firm that uses data and bold thinking to improve the quality of people’s lives. From combatting infectious disease and conducting rigorous program evaluations, to ensuring safe drinking water and promoting access to affordable housing—and more—we partner with clients and communities to tackle their most complex challenges. 

http://www.abtassociates.com

Huw Sparkes
Abt Associates
+44 (0) 7964 227957
[email protected]

SEOUL, Korea, Nov. 12, 2020 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced its EHang 216 two-seater passenger-grade AAV had completed its maiden flight in Korea. The flight took place on November 11 at the “Open the Urban Sky” UAM Seoul Demo event in the center of Seoul. A series of trail flights of EHang 216 will then follow in several Korean cities. It is Korea’s first time to launch a flight of an autonomous “air taxi” over a densely populated downtown area.

The maiden flight was approved by Korea’s MOLIT after obtaining a Special Certificate of Airworthiness (“SAC”) for the EHang 216 AAV, a first SAC ever issued to a passenger-grade AAV.

The EHang 216 was purchased by the Seoul Metropolitan Government and is the first of its kind in Korea being officially registered under the Nationality and Registration Mark “HL008X” by MOLIT.

The Acting Mayor of Seoul, Seo Jeong-hyup said, “The air taxi is a dream of mankind for the future transportation. We are excited that Seoul can host the country’s first domestic demo flight. Seoul is pioneering itself as an innovative hub of the world. Urban air mobility services are drawing keen attentions as an option to alleviate ground traffic congestions with a huge potential for growth. The city government will strive to realize the human dream of safe flights for Seoul citizens and thus support the future industry of Korea.”

The Korea government announced the “Korean Urban Air Mobility (K-UAM) Roadmap” in June 2020 and expected to commercialize UAM services around 2023 to 2025.

On top of the maiden flight in Seoul, EHang plans to launch a series of trial flights in more locations across Korea for a variety of UAM uses, such as urban passenger transportation, aerial sightseeing, island hopping and aerial logistics.

EHang Founder, Chairman and CEO, Huazhi Hu said, “We are glad to see the Korean government taking the initiative in planning and implementing urban air mobility in Asia. This pioneering Special Certificate of Airworthiness marks a leap for both parties and builds on our regulatory breakthroughs in China, Europe, and America. We are excited to be the world’s first company to provide safe, comfortable, efficient and eco-friendly urban mobility solutions to Korea. We expect to accelerate UAM development and to expand in the Korea market in the near future.”

To watch the video of EHang 216’s maiden flight in Korea, please visit: https://youtu.be/QJaLezG1BL4

About EHang

EHang (Nasdaq: EH) is the world’s leading autonomous aerial vehicle (AAV) technology platform company. Our mission is to make safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility (UAM) industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Media
Contact: [email protected] 
Investor Contact: [email protected]  
In the U.S.: [email protected]
In China: [email protected]

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/54ced52e-b930-48b6-9d1f-9ce57bbc4ae4

https://www.globenewswire.com/NewsRoom/AttachmentNg/705804dc-bc83-4fcd-b5fd-f188cf5cafd0

https://www.globenewswire.com/NewsRoom/AttachmentNg/458c5847-2fe8-4df2-a0dc-d3fb0c1b8a58

https://www.globenewswire.com/NewsRoom/AttachmentNg/47ce17e0-bcbc-4d51-90cf-94eb716b40ab

METTAWA, Ill., Nov. 12, 2020 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) has announced the formation of Rpl, a consumer advisory board dedicated to shaping the future of recreational boating.  As home to the world’s leading marine brands like Mercury Marine, Boston Whaler, Sea Ray and Lund, Brunswick’s community of boaters will have unprecedented access to the industry’s most coveted brands.

“We want to spend more time with new boaters who we believe will help us elevate the boating experience for everyone,” said Lauren Beckstedt, CMO, Brunswick Divisions. “In reference to the Board’s name, feedback from the Rpl community will create a ripple effect in our business that we expect will make big waves in how Brunswick defines the future of the industry. Drawing from brand experiences in other industries, new boaters offer a heightened sensitivity to engagement- and product-needs that we want to be able to tap.”

This season, Brunswick brands outperformed the industry in appeal to new boaters, with some brands seeing new boater warranty registrations of more than 50 percent. Brunswick’s boat brands averaged a 99 percent increase in web traffic by women year to date, and all brands saw an increase in online activity and purchase from a younger demographic, demonstrating the need for new boaters to have more direct influence in the company strategy.

Rpl will bring together diverse boating perspectives to collaborate on topics aimed at driving retention among new boaters and increasing appeal and access to boating for all. In addition to participating in brand research initiatives, the Rpl community will have access to new product innovation previews, brand events in their area and weigh-in on the trends they want to see recreational marine adopt.   

“This group will be the voice for recreational boating of the future,” said Beckstedt. “And the boating future that Brunswick is shaping will be more diverse, more accessible, more versatile and bring with it the same exhilaration and thrill that so many boaters around the world have made core to their lifestyles.”

To learn more about the RPL Advisory Board, visit brunswick.com/RPL-Consumer-Advisory-Board 

About Brunswick

Headquartered in Mettawa, Ill., Brunswick Corporation’s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and SmartCraft electronics; Power Products Integrated Solutions; MotorGuide trolling motors; Attwood, Garelick, and Whale marine parts; Land ’N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club, NAUTIC-ON. For more information, visit https://www.brunswick.com.

Attachment

• Brunswick Corporation launches Rpl

Lee Gordon
Vice President – Brunswick Global Communications & Public Relations
Brunswick Office: 847-735-4003
Mercury Office: 920-924-1808
Cell: 904-860-8848
[email protected]

Amsterdam, The Netherlands, Nov. 12, 2020 (GLOBE NEWSWIRE) — Global API and integration specialist Yenlo today launched its newest service, Connext Go! Yenlo’s new offering provides the capabilities of the Connext Platform—a plug and play, scalable, and fully managed and hosted middleware integration-platform-as-a-service (iPaaS) product—as an affordable subscription-based service. With the new Connext Go! service, organizations in the education, healthcare, government, and small to medium enterprise (SME) sectors) can now benefit from Yenlo’s innovative technology for their data and chain integrations.

Clients of the new service receive dedicated, around-the-clock service, taking care of everything from development to management, support and infrastructure. Yenlo experts handle everything at a fixed price per integration, per month offering full transparency. With this commercial pay-per-use model, clients gain the advantages of robust integration with a lower investment.

CEO Ruben van der Zwan stated, “I regularly speak with organizations in the SME sector, as well as within education, healthcare, and the government, and all of them are looking for two things: On the one hand, these companies want integrations and connections that better match their limited IT budgets. On the other hand, they’re looking for solutions that better match their strict deadlines. We are excited and proud to deliver our innovative, new Connext Go! service, which supports the digital transformation initiatives of these progressive enterprises while providing the efficiency that they have identified as their number one priority.”

Building on the Connext Platform’s Success

Yenlo launched the Connext Platform in 2019 as an affordable, scalable and effective alternative to classic integration for ensuring that systems, applications, databases and more are always connected. Connect Go! builds on the success of the Connext Platform, providing the next logical step in Yenlo’s technology offerings. The initial version of Connext Go! requires minimal customization, so customers can use it immediately. Yenlo takes care of everything: personalization, deployment and connection management. In this way, clients are fully taken care of at a predictable and affordable fixed price per integration per month.

“With our Connext Go! service, customers never have to worry. We take care of with the integration, so the IT staff can focus on business-critical work, driving more efficiency for everyone,” says Van der Zwan.

Want to know more about Connext Go!? Follow the link, and discover the details: https://www.yenlo.com/solutions/connext-go

About Yenlo

Yenlo is a leading global API- and integration specialist in enabling digital transformation with open source and agile technology. Yenlo is a Platinum Value-Added Reseller (VAR) of WSO2 and has been awarded both WSO2 Partner of the Year 2019 and WSO2 Most Certified Partner of 2019. Our business is founded on the belief that enterprises need to regain their agility and become digital agencies to optimize their customer intimacy; achieve operational excellence; or add new services, products, or business models. We believe this agility—in technology, knowledge and finance—can be created by applying an open source-first, API-first, and cloud-first strategy.

At Yenlo, we bring agility to enterprises by delivering first-class professional services based on deep expertise. Our services range from enterprise and solution architecture to software development; operational support; and WSO2 product support, training and certification programs. These are complemented by our pre-built solution-as-a-service offerings, including our Connext service, a fully managed integration-platform-as-a-service. For more information, visit www.yenlo.com, and join Yenlo’s LinkedIn, Yenlo’s WSO2 Community, or Twitter.

Trademarks and registered trademarks are the properties of their respective owners.

Tamara de Lange
Yenlo
+31 20 2700 700
[email protected]

ABERDEEN, Wash., Nov. 12, 2020 (GLOBE NEWSWIRE) — Pacific Financial Corporation (OTCQX: PFLC), (“Pacific”), the holding company for Bank of the Pacific, today announced plans to relocate its branch in Astoria, Oregon to Warrenton, Oregon effective March 2021. All customer accounts will be transferred to Warrenton and customers will be receiving a letter in the coming weeks outlining details of the transition.

“The lease for our Astoria Branch is expiring and after reviewing the increased rental costs we decided to look at other possibilities particularly in light of increased digital adoption and reduced lobby traffic accelerated by the pandemic. After careful review, we decided to reopen the Bank owned Warrenton Branch and close Astoria. The Warrenton building is only eight years old and was purposely built as a bank branch. While we are using it for administrative purposes today, it is five miles from the Astoria location, in great shape and easily accessible for our customers. Our employees look forward to continuing to support our customers in Clatsop County, offering the same great service as they do today,” said Denise Portmann, President and Chief Executive Officer.

While we are closing the physical location in Astoria, business development efforts will continue in Astoria and throughout Clatsop County. Customers have access to all of our branch locations as well as our technology based banking services such as mobile banking, remote deposit capture, Zelle, ATMs, debit cards and online banking. We believe optimizing our branch network and maximizing the use of our facilities are important aspects in prudently managing our capital resources.

Our Astoria team currently led by Kelly Knick – Astoria Branch Manager, Pam Rush – Business Banker and Joe Talamantez Jr. – Residential Real Estate Lender, will bring many years of relationship banking experience, with a proven track record in retail and small business to the Astoria and Warrenton communities.

ABOUT PACIFIC FINANCIAL CORPORATION

Pacific Financial Corporation of Aberdeen, Washington, is the bank holding company for Bank of the Pacific, a state chartered and federally insured commercial bank. Bank of the Pacific offers banking products and services to small-to-medium sized businesses and professionals in western Washington and Oregon. As of October 31, 2020, the Company had total assets of $1.2 billion and operated fourteen branches in the communities of Grays Harbor, Pacific, Whatcom, Skagit, Clark and Wahkiakum counties in the State of Washington, and two branches in Clatsop County, Oregon. The Company also operates loan production offices in the communities of Burlington, Washington and Salem and Eugene, Oregon. Visit the Company’s website at www.bankofthepacific.com. Member FDIC.

Cautions Concerning Forward-Looking Statements

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other laws, including all statements in this release that are not historical facts or that relate to future plans or events or projected results of Pacific Financial Corporation and its wholly-owned subsidiary, Bank of the Pacific. These forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those projected, anticipated or implied. These risks and uncertainties include various risks associated with growing the Bank and expanding the services it provides, successfully completing and integrating the acquisition of new branches and development of new business lines and markets, competition in the marketplace, general economic conditions, including the current COVID-19 pandemic and government responses thereto, changes in interest rates, extensive and evolving regulation of the banking industry, and many other risks. The pandemic could cause us to experience higher loan losses within our lending portfolio, impairment of goodwill, reduced demand for our products and services and other negative impacts on our financial position or results of operations. The depth, severity and scope of this current recession is uncertain, and our
company will not be immune to the effects of the financial stress resulting from a global pandemic and economic shutdown. We undertake no obligation to update or revise any forward-looking statement. Readers of this release are cautioned not to put undue reliance on forward-looking statements.

Contacts:

Denise Portmann, President & CEO
Carla Tucker, EVP & CFO
360.533.8873 

LEXINGTON, Mass., Nov. 12, 2020 (GLOBE NEWSWIRE) — Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company with an extensive pipeline of checkpoint antibodies, cell therapies, adjuvants, and vaccines designed to activate immune response to cancers and infections, today announced that Dr. Steven O’Day, Executive Director of the John Wayne Cancer Institute, Dr. Jennifer Buell, President and COO of Agenus, and Patrick Jordan, COO of AgenTus Therapeutics, will participate in panel discussions at the Virtual SITC 2020 Immuno-Oncology Event hosted by B. Riley.

Date: Thursday, November 12, 2020

Panel #2: Next-Gen Checkpoint Inhibitors (CPI) and Co-Stimulatory Agonists Finally Ready for Prime Time

Time: 1:00 PM – 2:00 PM ET
Conference ID: 311564

Agenus Inc.
Steven O’Day, MD – Executive Director of the John Wayne Cancer Institute
Jennifer Buell, PhD – President & COO
Dhan Chand, PhD – Scientific Director Head of Drug Discovery

Compass Therapeutics
Thomas J. Schuetz, MD, PhD – Co-Founder & CEO

F-Star Therapeutics
Eliot Forster, PhD – President & CEO
Louis Kayitalire, MD – CMO

TRIGR Therapeutics
Miranda Toledano – COO & CFO

Panel #3:
Cell Therapy 2.0: Transforming Immune Cells to Mainstream Cancer Treatments

Time: 2:00 PM – 3:00 PM ET
Conference ID: 650564

Agenus Inc.
and AgenTus Therapeutics
Jennifer Buell, PhD – President & COO (Agenus)
Patrick Jordan – COO (AgenTus)

Adicet
Bio
Chen Schor – President & CEO
Stewart Abbott, PhD – COO & CSO

Mustan
g
Bio
Manny Litchman, MD – President & CEO
Knut Niss, PhD – CTO

Carisma
Therapeutics
Steven Kelly – President & CEO

Glycostem
Troels Jordansen – CEO
Jan Spanholtz, PhD – CSO

Replays will be available after the discussions by dialing 800-332-6854 or 973-528-0005 and entering the corresponding conference ID. They will also be available on the Events & Presentations page of the Agenus website at https://investor.agenusbio.com/events-and-presentations

About AgenTus Therapeutics, Inc.


AgenTus Therapeutics is a biopharmaceutical company focused on the discovery, development, and commercialization of breakthrough unmodified and modified allogeneic iNKT cells with engineered receptors, such as T cell receptors (TCRs) and Chimeric Antigen Receptors (CARs), designed to supercharge the human immune system cells to seek and destroy cancer. AgenTus also aims to advance adoptive cell therapy formats which would enable off-the-shelf living drugs. AgenTus has locations in Lexington, MA and Cambridge, UK. For more information, please visit www.agentustherapeutics.com.

About Agenus


Agenus is a clinical-stage immuno-oncology company focused on the discovery and development of therapies that engage the body’s immune system to fight cancer. The Company’s vision is to expand the patient populations benefiting from cancer immunotherapy by pursuing combination approaches that leverage a broad repertoire of antibody therapeutics, adoptive cell therapies (through its AgenTus Therapeutics subsidiary), and proprietary cancer vaccine platforms. The Company is equipped with a suite of antibody discovery platforms and a state-of-the-art GMP manufacturing facility with the capacity to support clinical programs. Agenus is headquartered in Lexington, MA. For more information, please visit www.agenusbio.com and our Twitter handle @agenus_bio. Information that may be important to investors will be routinely posted on our website and Twitter.

Contact:


Agenus Inc. 

Caroline Bafundo
212-994-8209
[email protected]

CAMBRIDGE, Mass., Nov. 12, 2020 (GLOBE NEWSWIRE) — Foghorn Therapeutics Inc. (Nasdaq: FHTX), a company pioneering the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system, today announced the appointment of Michael LaCascia as its Chief Legal Officer. An accomplished attorney, Mr. LaCascia joins Foghorn with extensive corporate, securities, governance, and transactional expertise within the biotechnology industry.

“The deep and proven experience Mike has across a wide range of legal and corporate matters in the life sciences sector will be invaluable to us as we move forward as a newly public company,” said Adrian Gottschalk, President and Chief Executive Officer of Foghorn. “Mike is an important addition to the leadership team as Foghorn transitions to a clinical-stage company with multiple high value programs and reinforces our commitment to establishing the strongest team possible to fully realize the promise of our Gene Traffic Control platform.”

Prior to joining Foghorn, Mr. LaCascia served as Senior Vice President and Chief Legal Officer of Q-State Biosciences, Inc., where he helped lead the transition of the company’s strategy from enabling discovery services to the discovery of its own proprietary therapeutics. He previously served as Senior Vice President, General Counsel and Secretary for Vertex Pharmaceuticals where he oversaw its global legal function and corporate governance. Mr. LaCascia also spent more than two decades at the firm WilmerHale LLP, where he was a partner in the firm’s corporate practice and specialized in securities, mergers and acquisitions, and corporate governance matters. Mr. LaCascia received his J.D. from Boston University Law School and a B.A. in Economics from Harvard College.

“I am thrilled to be joining Foghorn at this important time in the company’s evolution,” said Mr. LaCascia. “Foghorn has assembled an outstanding leadership team and a talented group of professionals who have quickly established the company as pioneers of a new class of potential medicines targeting breakdowns in the chromatin regulatory system. I look forward to contributing to the continued success of the company and helping to bring its breakthrough medicines to patients.”

About
Foghorn
Therapeutics

Foghorn^® Therapeutics is discovering and developing a novel class of medicines targeting genetically determined dependencies within the chromatin regulatory system. Through its proprietary scalable Gene Traffic Control™ platform, Foghorn is systematically studying, identifying and validating potential drug targets within the chromatin regulatory system. The company is developing multiple product candidates in oncology and expects to file an IND for its first program later this year.

Forward-Looking Statements

This press release contains “forward-looking statements” regarding the Company’s plans for its proposed initial public offering. Forward-looking statements include statements regarding the proposed public offering and other statements identified by words such as “could,” “may,” “might,” “will,” “likely,” “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,” “projects” and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding capital market conditions, our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, including risk regarding when we can complete the offering and other factors set forth under the heading “Risk Factors” in the Company’s registration statement on Form S-1. Any forward-looking statement made in this press release speaks only as of the date on which it is made.

MEDIA CONTACT

Fanny Cavalié, Foghorn Therapeutics
[email protected]

Gregory Kelley, Ogilvy
[email protected]

INVESTOR RELATIONS CONTACT

Allan Reine, Foghorn Therapeutics
[email protected]

Tucson, AZ, Nov. 12, 2020 (GLOBE NEWSWIRE) — viaNewMediaWire — Applied Energetics, Inc. (OTCQB: AERG),today announced that effective November 5, 2020, the company and the holders agreed to convert all outstanding principal and interest outstanding on its 2020 10% Promissory Notes into shares of the company’s common stock. The notes were converted at a price per share of $0.30, resulting in the issuance to the noteholders of 18,386,174 shares in the aggregate.  All of these converting noteholders are accredited, sophisticated investors, and neither the issuance of the notes nor their conversion were in connection with any public offering, pursuant to Section 4(a)(2) of the Securities Act of 1933.

Additionally, as of November 5, 2020, the company repaid all principal of $390,000, plus interest thereon, remaining outstanding on its 10% Promissory Notes from 2019.  With the repayment of these notes, coupled with the conversion of its 10% Promissory Notes, the company has now repaid or converted all of its outstanding investor debt.In addition, with the conversion of notes into the 18,386,174 shares, and the recent return or retirement of 46 million shares, the company now has approximately 191 million shares outstanding.

Gregory J. Quarles, Ph.D., chief executive officer of Applied Energetics, commented, “We are pleased that all the Promissory Note holders have converted their holdings of Promissory Notes into common stock. This demonstrates strong support from the Company’s shareholders, improves and simplifies our balance sheet, and removes a significant interest burden from the Company.We intend to leverage this improved financial flexibility toward meeting our strategic growth objectives in the markets we serve.”

ABOUT APPLIED ENERGETICS INC.

Applied Energetics, Inc., “AE” based in Tucson, Arizona, specializes in development and manufacture of advanced high-performance lasers, high voltage electronics, advanced optical systems, and integrated guided energy systems for defense, aerospace, industrial, and scientific customers worldwide. Applied Energetics pioneered and holds all crucial intellectual property rights to the development and use of Laser Guided Energy (LGE^TM) technology and related solutions for commercial, defense and security applications, and are protected by 26 patents and 11 additional Government Sensitive Patent Applications “GSPA”. The company’s 11 GSPA’s are held under secrecy orders of the US government and allow AE greatly extended protection rights. 
For more information, visit www.aergs.com

FORWARD LOOKING STATEMENTS

Certain statements in this press release constitute forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include all statements that do not relate solely to the historical or current facts and can be identified by the use of forward-looking words such as “may”, “believe”, “will”, “expect”, “project”, “anticipate”, “estimates”, “plans”, “strategy”, “target”, “prospects” or “continue”, and words of similar meaning. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition and may cause our actual results, performances or achievements to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. We do not assume any obligation to update these forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting such forward-looking statements. 

For more information contact:


Cameron Associates, Inc.
Investor Relations – Kevin McGrath, Managing Director
T: 212-245-4577
[email protected]

CONCORD, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) — AssetMark (NYSE: AMK) today announced the results of its first American Financial Experience Survey, designed to gauge the attitudes and opinions of American consumers about various factors that affect their financial picture. In its first installment, AssetMark discovered that while the pandemic has made 46% of Americans interested in learning more about investing, 87% of them already invest on some level.

How Has the Pandemic Impacted Attitudes toward Investing?

While the pandemic and its toll on jobs and the economy have prompted a third of Americans to feel more nervous about investing, 38% of non-investors still believe they’ll one day have the money to support a continued desire to become investors. A third of those surveyed even plan to focus on jobs/careers that can put them in a better financial position. 85% of all Americans say the pandemic has made them more committed to spending less and saving more.

How Willing are Americans to Meet with Financial Advisors?

Among non-investors:

• 32% would meet with an advisor to discuss their investment potential
• 20% wouldn’t, because they believe their financial position would preclude the advisor from taking a meeting

Among investors without advisors:

• 42% are willing to meet with one
• 10% wouldn’t, because they believe their financial position would preclude the advisor from taking a meeting

Since the start of the pandemic, 62% of the investors with advisors report a change in how they view the performance of their advisor(s):

• 28% feel more positive about their advisor
• 26% are now questioning who they’re with
• 8% are now unhappy with their advisor
• 38% do not report a change

“Not Knowing Where to Start” Second to Financial Position in Investing Deterrents

While 67% of non-investors say their financial situation prevents them from investing, 46% report it’s also a matter of not knowing where to start. Only 19% report mistrust of the markets being among their reasons not to invest.

“It’s a testament to American resilience to find such a large percentage of people wanting to learn more about investing, so they can make the informed decisions that can improve their financial picture,” said AssetMark CEO Charles Goldman. “It behooves the wealth management industry to do everything it can to educate the American public about investing and the great value financial advisors provide. Even people who don’t think they have much investing power can learn how to improve their financial outlook through sound money management and goal setting.”

2,100 U.S.-based residents 18 years-old and over participated in AssetMark’s American Financial Experience Survey, conducted online August 23-24, 2020.

About AssetMark Financial Holdings, Inc.

AssetMark is a leading provider of extensive wealth management and technology solutions that help financial advisors meet the ever-changing needs of their clients and businesses. Through AssetMark, Inc., its investment adviser subsidiary registered with the U.S. Securities and Exchange Commission, AssetMark operates a platform that brings together fully integrated technology, personalized and scalable service, and curated investment solutions to support financial advisors and their businesses. For more than 20 years, AssetMark has focused on offering the solutions and services that help financial advisors grow. AssetMark had $67.3 billion in platform assets as of September 30, 2020. For more information visit assetmark.com.

SOURCE: AssetMark, Inc.

Contact:

Chris Blake
MSR Communications for AssetMark, Inc.
[email protected]

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — SendtoNews (STN), North America’s largest independent Online Video Platform, has announced it has entered an agreement to add Future plc’s digital video content from their leading brands, including TechRadar, GamesRadar, Space.com, and Tom’s Guide.

Future plc is a global multi-platform media company with successful brands in specialist consumer and B2B sectors, including technology, gaming & entertainment, music, creative & photography, home interest, education, and television. Future will leverage the SendtoNews online video platform to add to their existing audience of over 260+ million worldwide viewers passionate about their expert content.

“This agreement with SendtoNews extends the reach of our most popular video content to entirely new audiences,” says Claire MacLellan, Chief Operating Officer, Future plc. “By teaming with STN, we’re excited to bring an even more powerful experience to our audience, and in turn, grow our brand through contextually relevant editorial placements on their platform.”

Future plc is the latest content partner to join STN’s platform of over 200 providers, including MLB, NBA, Associated Press, Bloomberg, Conde Nast, Rolling Stone, Variety, and more. STN delivers this content to over 1800 digital publishers across North America, helping content providers extend audiences for their video content beyond their owned and operated properties.

“Helping our content partners reach new and unique audiences has always been a strategic offering of SendtoNews,” says Biagio DeCesare, Director of Content Operations, SendtoNews. “Future’s content delivers amazing quality for our publishing partners, and we are excited to help them extend their brand across our platform. We are confident both our publishers and their audiences will enjoy this quality video content.”

The SendtoNews online video platform helps content providers get their brand in front of a +90% unique and incremental audience by delivering their video in contextually relevant editorial environments. SendtoNews Smart Match AI-powered video player intelligently matches editorial content with the most relevant video in the STN library and instantly produces it upon publishing the article. This allows publishers to get video into their articles seamlessly and intuitively while providing more opportunities for brand extension to content providers.

For additional information on SendtoNews, visit https://www.sendtonews.com/ or follow them on Twitter @sendtonews or LinkedIn at https://www.linkedin.com/company/sendtonews/

About SendtoNews

SendtoNews’ award-winning online video platform solves digital video for publishers, content creators, and advertisers.

SendtoNews (STN) supplies digital publishers with premium content, advanced player technology, and reliable revenue. With a library of over 1 million videos and up to 5000 new videos every day, the SendtoNews online video platform serves over 1800 publishers and hundreds of premium content providers at zero cost. SendtoNews’ partners include publishers like the NY Post, NY Daily News, LA Times, Chicago Tribune, and premium content providers like MLB, NBA, Bloomberg, AP, Rolling Stone. Using the SendtoNews online video platform, publishers easily serve official video to keep readers engaged and on-site longer.

The combination of official, premium content, and top publishers provides a brand-safe environment for advertisers and connects content providers with a broader incremental audience. SendtoNews’ advanced technology sets it apart, offering the best contextually relevant content via Smart Match, an AI-powered video player. Smart Match matches articles with content from an extensive library of over 1 million videos, allowing publishers to embed relevant videos on every page automatically in seconds.

The SendtoNews online video platform improves user experience, publisher workflow, and both its partners’ top and bottom lines. SendtoNews shares the revenue we generate with publishing partners and content creators while also accommodating their own advertising sales.

Register HERE for the SendtoNews Digital Video Leadership Series and hear panelists from the NFL, Condé Nast, SpotX, Oracle, Digiday, and more help digital publishers increase user engagement and revenue for 2021.                                             

About Future

Future is a global platform business for specialist media with diversified revenue streams. Its content reaches 1 in 3 adults in both the UK and the US.

The Media division is high-growth with three complementary revenue streams: eCommerce, events, and digital advertising, including advertising within newsletters. It operates in a number of sectors including technology, games & entertainment, music, home & gardens, sports, TV & film, real life, women’s lifestyle, and B2B, and its brands include TechRadar, PC Gamer, Tom’s Guide, Android Central, Truly, Digital Camera World, Homebuilding & Renovating Show, GamesRadar+, The Photography Show, Top Ten Reviews, Marie Claire, Live Science, Guitar World, MusicRadar, Space.com, What to Watch, Gardening Etc, Advnture, and Tom’s Hardware.

The Magazine division focuses on publishing specialist content, with a combined global circulation of over 3 million delivered through more than 130 publications. The portfolio spans technology, games & entertainment, sports, music, photography & design, homes & garden, country lifestyle, TV & film, and B2B. Its titles include Country Life, Wallpaper*, Woman & Home, Classic Rock, Decanter, Guitar Player, FourFourTwo, Homebuilding & Renovating, Digital Camera, Guitarist, How It Works, Total Film, What Hi-Fi? and Music Week.

For more information, visit https://www.futureplc.com/.
Licensing Contact
Georgina Flores-Laird
[email protected]

Contact:
Ron Favali
Conversion Marketing
[email protected]
727-512-4490